Germany Slipped into Recession during the First Three Months of the Year As Households Cut Spending in Response to Sharply Higher Prices for Energy and Food
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Official data confirms UK economy slipped into recession last year
Figures offer little cheer to Rishi Sunak as his Conservative party trails heavily in opinion pollsFinancial Times - Business - United Kingdom -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
Oil prices end higher, buoyed by geopolitical tensions, Russia’s output cuts
Oil futures rose on Monday as investors monitored escalating geopolitical tensions in the Middle East and between Russia and Ukraine, while supply concerns continued to weigh on crude-oil prices.MarketWatch - Business - Russia -
Oil prices slip on U.S. crude stockpile increase
U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.CNBC - Business -
Stocks surge after Fed indicates three rate cuts still coming this year
The S&P topped 5,200 for the first time Wednesday after the Federal Reserve said it was still targeting three rate cuts in 2024. Markets had feared hotter-than-expected inflation and jobs data would persuade the Fed to trim its timeline.CNN - Top stories - Federal Reserve -
The Moscow concert hall attack wasn't the first during Putin's 25-year rule
Yahoo News - World -
New York City officer killed during traffic stop shootout, first cop slaying for city in 2 years
A decorated police officer was shot and killed during a Queens traffic stop as New York City reels from its first slaying of an NYPD cop in two years.NBC News - Top stories - New York -
Energy prices could vary at different times of day
Ofgem launches early discussions about a "dynamic" price cap that changes as consumers became more flexible.BBC News - Top stories -
Climate change driving up inflation in food prices: Study
Rising global temperatures are associated with inflation in food prices, both in regions that are already hotter and in countries outside the tropics like the U.S., according to a study published in the journal Communications Earth & Environment. ...The Hill - Politics - Climate -
Trump's proposed tariffs could cost US households $1,500 per year: Report
A blanket 10 percent tariff on imported goods floated by former President Trump could cost U.S. households around $1,500 per year, a new economic analysis has found. Trump, the presumptive 2024 Republican presidential nominee, has pledged to ...The Hill - Politics - Donald Trump -
Russian detention of WSJ reporter Evan Gershkovich extended by three months
Friday will mark one year since the journalist was arrested on espionage charges. Ukraine war – live updatesA Russian court has extended by three months the pre-trial detention of Evan Gershkovich, a Wall Street Journal (WSJ) reporter arrested ...The Guardian - World - Russia -
California Restaurants Cut Jobs as Fast-Food Wages Set to Rise
Chains lay off workers and shave hours ahead of a state minimum-wage increase; California fast food workers will earn $20 an hour starting in April.The Wall Street Journal - World - California -
California Restaurants Cut Jobs as Fast-Food Wages Set to Rise
Chains lay off workers and shave hours ahead of a state minimum-wage increase; California fast food workers will earn $20 an hour starting in April.The Wall Street Journal - Business - California -
Trump’s stake in social media group hits $4.6bn after market debut
Shares of company behind former president’s Truth Social platform rise 16% in first day of tradingFinancial Times - Business - Donald Trump -
Vodafone Germany cutting 2,000 jobs as part of savings programme
Yahoo News - World -
Energy Dept. Awards $6 Billion to Cut Carbon from Industry
Industries produce 25 percent of America’s planet-warming emissions but so far have proved very hard to clean up. The Biden administration is trying.The New York Times - Science -
FTX customers in line for higher payouts as crypto prices soar
Administrators raise $884mn from partial sale of stake in AI start-up AnthropicFinancial Times - Business - Crypto -
What is Nowruz? Persian New Year traditions and food explained
Reset your year with green dishes filled with fresh herbs and a clean home for the Persian New Year, also known as Nowruz.CNN - Top stories -
Millions go hungry as a billion meals binned every day, says UN report
UN Food Waste Index report also finds global food wastage is big contributor to climate crisis. More than a billion meals are thrown away every day, in poor countries as well as rich ones, despite more than 730 million people living in hunger ...The Guardian - World - United Nations -
Rationed food kept Cubans fed during the Cold War. Today an economic crisis has them hungry
María de los Ángeles Pozo used to get a little notebook laying out her family’s rations in Cuba’s subsidized neighborhood storesABC News - World - Federal Reserve -
Automakers beware: BYD can still afford to cut prices
EV giant has scope to sacrifice short-term profits to try to win a fierce battle for market shareFinancial Times - Business -
Germany to impose security checks on all its borders during soccer's European Championship
Germany's top security official says the country will carry out border controls at all its frontiers during soccer’s European Championship in June and JulyABC News - Sports -
The 'Aladdin' stage musical turns 10 this month. Here are the magical stories of three Genies
The Broadway musical “Aladdin” is celebrating its 10th anniversary this year and the Genies who have led it on tour and on Broadway are looking backABC News - Entertainment -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.The Wall Street Journal - Business -
A friendship dating back to teenage years is one to treasure, especially during a crisis
It’s not easy to maintain the closeness of relationships of our youth but Abigail Dean will always make time for the friend she grew up with. In early 2006, when I was 17, I was admitted to a well-known psychiatric hospital in the UK, an ...The Guardian - World -
Why Gasoline Prices Are Rising Faster Than Usual This Year
Fuel costs are once again driving inflation. Don’t panic.The Wall Street Journal - World -
A Russian court extended by three months the detention of Wall Street Journal reporterEvan Gershkovich, held on an allegation that he, the Journal and the U.S. government vehemently deny.
A Russian court extended by three months the detention of Wall Street Journal reporter Evan Gershkovich, held on an allegation that he, the Journal and the U.S. government vehemently deny.The Wall Street Journal - World -
Don't sweat the prospect of no Fed rate cuts, economist says — markets will still march higher
Markets will continue to rally even if the Fed chooses not to cut interest rates this year, according to Steven Blitz, TS Lombard's chief U.S. economist.CNBC - Business - Federal Reserve -
Cocoa prices hit $10,000 per metric ton for the first time ever
Cocoa prices reached a record on Tuesday as high demand and supply constraints fuel prices higher.CNBC - Business -
Last chance: My favorite Cuisinart mini food processor is 25% off, but the Amazon sale ends today
Get this tiny yet mighty Cuisinart mini food processor for 25% off at Amazon, while you can.CBS News - Top stories -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
Evan Gershkovich's first year in captivity in a Moscow prison
Last March 29, Wall Street Journal reporter Evan Gershkovich was on assignment in Russia when he was arrested by security forces and accused of being a spy, a charge vigorously denied by Gershkovich, the paper, and the U.S. government. "60 ...CBS News - World -
Dry conditions that have affected energy output worldwide are forcing Canada's Hydro-Québec, one of the biggest of hydropower producers, to cut exports.
Dry conditions that have affected energy output worldwide are forcing Canada’s Hydro-Québec, one of the biggest of hydropower producers, to cut exports.The Wall Street Journal - World -
Micron’s stock heads for best month in 13 years as bulls see more AI gains ahead
Micron has cemented itself in Wall Street’s eyes as a financial beneficiary of artificial intelligence, and investors are excited about what’s to come.MarketWatch - Business -
China lifts heavy tariffs on Australian wine after three years, as ties improve
China lifts heavy tariffs on Australian wine after three years, as ties improveABC News - World - China -
Argentina economic activity likely slid 5.5% in Milei's first full month - Reuters poll
Yahoo News - World -
Morning Report: Trump notches legal win; first trial starts next month
The first criminal trial of a former president is now pinned to a calendar ahead of Election Day. After various delays, jury selection will begin April 15 in former President Trump’s hush money trial, a judge ruled Monday in a case brought by ...The Hill - Politics - Donald Trump -
Kaori Sakamoto three-peats at figure skating worlds; Isabeau Levito wins first medal
Kaori Sakamoto rallied to become the first woman to win three consecutive world titles since Peggy Fleming.Yahoo Sports - Sports -
Suki + Rob makes three! 'Daisy Jones' star and 'Tenet' actor reportedly welcome first baby
Suki Waterhouse and Robert Pattinson, who are engaged, were seen pushing around a baby stroller in L.A. this week in photos published by the Daily Mail.Los Angeles Times - Entertainment -
Limits placed on removal of land from food production in England
Government restrictions come after farmers raise concerns over domestic food securityFinancial Times - World